mutual wills — wills made by two persons who, in pursuance of an antecedent agreement, leave their estates reciprocally to the survivor. In English law, either will may be revoked during the joint lifetimes of the testators, but equity will specifically enforce … Law dictionary
mutual wills — Those made as the separate wills of two people which are reciprocal in provisions. Or those executed pursuant to agreement or compact between two or more persons to dispose of their property in particular manner, each in consideration of the… … Black's law dictionary
mutual wills — Those made as the separate wills of two people which are reciprocal in provisions. Or those executed pursuant to agreement or compact between two or more persons to dispose of their property in particular manner, each in consideration of the… … Black's law dictionary
mutual wills — noun plural : wills pursuant to agreement between and made by two or more persons that contain similar or identical testamentary provisions in favor of each other or of the same beneficiary called also reciprocal wills … Useful english dictionary
Joint wills and mutual wills — Wills, trusts and estates … Wikipedia
mutual — mu·tu·al / myü chə wəl/ adj 1: directed by each toward the other: reciprocal mutual orders of protection in domestic violence cases L. H. Schafran and Norman Wikler 2: shared in common … Law dictionary
mutual will — One in which two or more persons make mutual or reciprocal provisions in favor of each other. Mutual wills are the separate wills of two persons which are reciprocal in their provisions, and such a will may be both joint and mutual. Sometimes… … Black's law dictionary
mutual — Common to both parties. Interchangeable; reciprocal; each acting in return or correspondence to the other; given and received; spoken of an engagement or relation in which like duties and obligations are exchanged; e.g., the marital relation. As… … Black's law dictionary
mutual — Common to both parties. Interchangeable; reciprocal; each acting in return or correspondence to the other; given and received; spoken of an engagement or relation in which like duties and obligations are exchanged; e.g., the marital relation. As… … Black's law dictionary
Mutual Will — A type of will, usually executed by a married or seriously committed couple, that is mutually binding. After one party dies, the remaining party is bound by the terms of the mutual will. The purpose is often to make sure property passes to one s… … Investment dictionary